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FERC clarifies how it will treat carbon pricing in organized wholesale markets

Renewable Energy World

This week FERC issued a policy statement clarifying how it will consider market rules proposed by regional grid operators that seek to incorporate a state-determined carbon price in organized wholesale electricity markets. Finally, the policy statement does not indicate a preference for carbon pricing over any other state policy.

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4.5 GW of pumped-storage hydro could save UK up to £690 million annually

Renewable Energy World

GW of new long duration pumped hydro storage, with 90 GWh of storage, could save up to £690 million per year in energy system costs by 2050, as the UK transitions to a net-zero carbon emission system. A new study by independent researchers from Imperial College London has found that just 4.5

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IRENA: Renewable energy generates half a million new jobs worldwide in 2019

Business Green

million people now work in renewable energy worldwide, but IRENA warns strong policy action essential to sustain growth in the wake of Covid-19. Wind energy, meanwhile, accounted for 1.17 and hydropower employed around 1.95 As many as 11.5 Job opportunities in the renewable energy continue to surge worldwide, with 11.5

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Lessons from a year of reporting on climate solutions in Cascadia

Grist

This story is part of the series Getting to Zero: Decarbonizing Cascadia , which explores the path to low-carbon energy for British Columbia, Washington, and Oregon. The economics of carbon-free living have fallen into place. Renewable solar and wind power now typically costs less than fossil-fuel alternatives.

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The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Utilities in many states now face mandates to move to 100 percent renewable energy or cut carbon to zero by 2050.

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Janet Yellen on financing a sustainable future

GreenBiz

The policy steps the administration has proposed provide clarity on the path forward, helping households, businesses and investors plan and invest. In particular, the plan adopts a technology-neutral Clean Electricity Standard, which puts us on the path to achieving 100 percent carbon-free electricity by 2035.

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Will NIMBYs sink new clean energy projects? The evidence says no – if developers listen to local concerns

Renewable Energy World

policy since the 1970s. Laws such as the National Environmental Policy Act and state equivalents provide for public involvement in decisions about many major projects. For example, utilities that want to build or expand a power plant often have to invite and consider public comments in order to obtain their permits. State Dept.